Streetbeat News

Stock Prices

EIS

USO

A top Hezbollah commander targeted in an Israeli strike on Beirut suburbs has survived, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 6:06 pm

STLA

Stellantis N.V. (NYSE:STLA) shares are trading lower due to multiple developments. The company’s unit, Leapmotor International, has shipped its first batch of electric vehicles to Europe, marking a significant milestone. Additionally, Stellantis is offering voluntary buyouts to U.S. salaried workers as part of cost-cutting measures.

Portfolio Pulse from Nabaparna Bhattacharya

July 30, 2024 | 6:05 pm

AAPL

AAPU

AAPX

FTEC

IYW

VGT

Goldman Sachs expects Apple Inc. (NASDAQ:AAPL) to beat Q3 earnings estimates, driven by strong services growth. The tech giant is predicted to exceed Wall Street consensus EPS by 3 cents and achieve $85.1 billion in revenue. Despite some downside risks, Goldman Sachs maintains a Buy rating on Apple. The decline in Apple shares also impacted related ETFs.

Portfolio Pulse from Michael Juliano

July 30, 2024 | 6:05 pm

MSFT

SBUX

Starbucks experienced an app outage due to issues with Microsoft Azure, as reported by Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 6:03 pm

IT

Gartner shares are trading higher after the company reported a Q2 earnings beat and raised its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 6:02 pm

GILD

High-rolling investors have shown significant interest in Gilead Sciences (NASDAQ:GILD) options, with a split sentiment of 50% bullish and 50% bearish. The options activity suggests a price range of $55.0 to $80.0 for GILD. Analysts have mixed ratings, with target prices ranging from $70 to $93.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 6:01 pm

CRWD

SBUX

VTI

XLY

Starbucks (SBUX) shares experienced volatility on Tuesday due to technical issues with its mobile ordering system, affecting users in multiple cities. The company is under scrutiny ahead of its fiscal third-quarter earnings report, especially after a recent activist investor stake. Starbucks has faced similar issues earlier this month and has been offering more discounts to boost demand. The stock has lost about 26% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

July 30, 2024 | 5:59 pm

BMO

Bank Of Montreal shares are trading lower after RBC Capital downgraded the stock from Outperform to Sector Perform.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 5:58 pm

BTCUSD

MSTR

Soccer player Alex Crognale, who took a portion of his salary in Bitcoin in 2021, has seen his investment grow over 100%. Crognale continues to hold Bitcoin and advocates for its use as a hedge against inflation. His strategy is similar to that of MicroStrategy Inc. (NASDAQ:MSTR), which accumulates Bitcoin with cash flow.

Portfolio Pulse from Chris Katje

July 30, 2024 | 5:58 pm

AMKR

LSCC

Shares of semiconductor and hardware stocks are trading lower as the sector pulls back following this year's strength. The sector may also be under pressure amid weakness in Amkor and Lattice, which fell on soft guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 5:55 pm